IPO

Reddit shares surge by 48 percent on first day as a public company

Social media platform's stock market debut signals confidence in growth potential

Parkin shares jump over 35 percent on first day of trading on Dubai stock market

IPO resulted in market capitalization of AED6.30 billion upon admission

Parkin’s IPO: Company increases retail share offering in response to high demand

The overall size of the public float remains unchanged at 749.7 million shares

Transparency, good governance boost investor confidence in UAE: EFG Hermes CEO Moustafa El Chiati

Economic diversification, governance and robust trade position UAE as international investment hub

MENA IPO market soars with 48 IPOs in 2023, reaping $10.7 billion

Energy and logistics sectors lead as MENA continues to attract global investments

UAE leads GCC with IPO proceeds of $6.07 bn in 2023

GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion

ADX leads in Middle East IPO revenues, landmark agreements

Robust market witnessed six IPOs in 2023 valued at $5.57 bn

Saudi’s PIF to raise $3.5 bn from sukuk sale

The five-year sukuk segment generated over $14 billion in demand